The Worldwide Cardiology IT Workflow Solutions Industry is Expected to Reach $1.6 Billion by 2027 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Cardiology IT Workflow Solutions – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Cardiology IT Workflow Solutions estimated at US$980.8 Million in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 7.2% over the period 2020-2027.
Cloud, one of the segments analyzed in the report, is projected to record 7.6% CAGR and reach US$991.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 6.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $265.1 Million, While China is Forecast to Grow at 11.1% CAGR
The Cardiology IT Workflow Solutions market in the U.S. is estimated at US$265.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$355.3 Million by the year 2027 trailing a CAGR of 11% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 6.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.
Select Competitors (Total 69 Featured):
- Agfa HealthCare NV
- Biomedix
- Carestream Health
- Circle Cardiovascular Imaging, Inc.
- Digisonics, Inc.
- Esaote SpA
- Fujifilm Holdings Corporation
- GE Healthcare
- Infinitt Healthcare Co. Ltd.
- Koninklijke Philips N.V.
- Lumedx Corporation
- McKesson Corporation
- Medis Medical Imaging Systems BV
- Mortara Instrument
- Novarad Corporation
- RADinfo SYSTEMS, Inc.
- ScImage, Inc.
- Siemens Healthineers
- Tomtec Imaging Systems Gmbh
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Cardiology IT Workflow Solutions: An Overview
- Recent Market Activity
- Factors Positively Impacting Global Cardiology
- IT Workflow Solutions Market
- Increased CVD Prevalence
- Rising Cardiology Procedures
- Integrated Healthcare Delivery Model
- Technological Advancements
- Need for Increased Accessibility of Patient Information
- Renewed Focus on Cost Reduction
- Other Factors
- Impediments in the Global Cardiology IT Workflow Solutions Market
- Reluctance to Adopt Information Technology
- Higher Initial Investments
- Interoperability and integration Issues Plague Global Market
- Other Factors
- Competitive Scenario
- Need for Regulatory Compliance Forcing Companies to Adopt Cardiovascular Information Systems (CVIS)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Emerging Markets to Drive Market Growth
- Cloud based Healthcare Systems – A Lucrative Revenue Source
- Growing Digitization of Healthcare Facilities in Asia-Pacific to Propel Market
- Technological Advancements Increasing Adoption Rate
- Companies Focusing on Different Strategies for Retaining and Increasing Market Share
- Booming Medical Tourism in Asia-Pacific Impacting Market Growth
- Need for CVIS Optimization and Integration
- Omnipresent EMR Making Silent Forays into Cardiology Informatics Space
- Regional Disparities Impacting Global EMR Growth
- Major Advancements in Cardiovascular Information Systems
- New Cardiology Workflow Platform Launches
- Mobile Device Integration
- Cardiology Workflow Platforms in Enterprise Imaging
- Vendors Concentrate on Collaboration Instead of Competition
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/88r7wx
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